简答题Which of the following statements about models is correct? A、The more details a model includes, the better the model. B、Models assume away irrelevant details. C、Models cannot be used to explain how the economy functions. D、Models cannot be used to make predictions.简答题Which of the following areas of study typifies macroeconomics as opposed to microeconomics? A、The effects of rent control on the availability of housing in Beijing. B、The economic impact of Typhoons on cities and towns in Fujian Province. C、How taxes on cigarettes affects the tobacco industry. D、The effect on the economy of changes in the nation’s unemployment rate.简答题Economics is the study of ________. A、production methods B、how society manages its scarce resources C、how households decide who performs which tasks D、the interaction of business and government简答题Microeconomics is the study of _______. A、how money affects the economy B、how individual households and firms make decisions C、how government affects the economy D、how the economy as a whole works简答题Which of the following areas of study typifies macroeconomics as opposed to microeconomics? A、The effects of rent control on the availability of housing in Beijing. B、The economic impact of Typhoons on cities and towns in Fujian Province. C、How taxes on cigarettes affects the tobacco industry. D、The effect on the economy of changes in the nation’s unemployment rate.简答题Economists try to address their subject with a scientist's objectivity.简答题Which of the following is NOT an example of scarcity? A、Only some people can afford to buy a Ferrari. B、Every individual in society cannot attain the highest standard of living to which he or she might dream of. C、David has an unlimited supply of apples in his orchard. D、Each member of a household cannot get everything he or she wants.简答题The field of economics is traditionally divided into two broad subfields, _______. A、national economics and international economics. B、consumer economics and producer economics. C、private sector economics and public sector economics. D、microeconomics and macroeconomics.简答题Which of the following would likely be studied by a microeconomist rather than a macroeconomist? A、The effect of foreign direct investment on economic growth. B、The effect of a sales tax on the cigarette industry. C、The effect of an investment tax credit on the economy’s capital stock. D、The effect of a war on government spending.简答题It is difficult for economists to make observations and develop theories, but it is easy for economists to run experiments to generate data to test their theories.简答题Which of the following is NOT an example of scarcity? A、Only some people can afford to buy a Ferrari. B、Every individual in society cannot attain the highest standard of living to which he or she might dream of. C、David has an unlimited supply of apples in his orchard. D、Each member of a household cannot get everything he or she wants.简答题For an economist, the idea of making assumptions is regarded generally as a _______. A、bad idea, since doing so leads to the omission of important ideas and variables from economic models. B、bad idea, since doing so invariably leads to data-collection problems. C、good idea, since doing so helps to simplify the complex world and make it easier to understand. D、good idea, since economic analysis without assumptions leads to complicated results that the general public finds hard to understand.简答题Macroeconomics is the study of _______. A、individual decision makers B、international trade C、economy-wide phenomena D、markets for large products.简答题A microeconomist — as opposed to a macroeconomist — might study _______. A、the effect of borrowing by the federal government on the inflation rate B、the effect of rising oil prices on employment in the airline industry C、changes in the nation’s unemployment rate over short periods of time D、alternative policies to promote higher living standards throughout the nation简答题Macroeconomics is the study of _______. A、individual decision makers B、international trade C、economy-wide phenomena D、markets for large products.简答题A microeconomist — as opposed to a macroeconomist — might study _______. A、the effect of borrowing by the federal government on the inflation rate B、the effect of rising oil prices on employment in the airline industry C、changes in the nation’s unemployment rate over short periods of time D、alternative policies to promote higher living standards throughout the nation简答题Which of the following statements is correct about the roles of economists? A、Economists are best viewed as policy advisers. B、Economists are best viewed as scientists. C、In trying to explain the world, economists are policy advisers; in trying to improve the world, they are scientists. D、In trying to explain the world, economists are scientists; in trying to improve the world, they are policy advisers.简答题A normative economic statement such as “The minimum wage should be abolished" _____. A、would likely be made by an economist acting as a scientist B、would require values and data in order to be evaluated C、would require data but not values in order to be evaluated. D、could not be evaluated by economists acting as policy advisers.简答题Economics is the study of ________. A、production methods B、how society manages its scarce resources C、how households decide who performs which tasks D、the interaction of business and government简答题An assumption an economist might make while studying international trade is _______. A、there are only two countries. B、countries only produce two goods. C、technology does not change. D、All of the above are possible assumptions.